World Cancer Day: Every day in India, more than 1300 Indians die due to cancer.
World Cancer Day: According to the report of the World Health Organization (WHO), about one million people died of cancer in the year 2020, that is, on an average, one in every six deaths was due to its dangerous disease. Talking about India, according to the National Cancer Registry Program of the India Council of Medical Research (ICMR), more than 1300 Indians die every day due to cancer. Its treatment is very expensive and costs up to Rs 5-25 lakh. In view of its danger, it becomes necessary that if you are unlucky suffering from cancer, then it should not affect your financial health, it should be prepared in advance. For this, such insurance coverage can be taken, in which the cost of cancer treatment can be covered. Today, on the occasion of World Cancer Day, complete information about cancer cover in Afco Health Insurance is being given-
What is Cancer Insurance Plan?
By purchasing a cancer insurance plan, the insurance company covers the cost of cancer treatment at various stages. For example, the cost of chemotherapy, hospitalization, surgery, radiation etc. is covered.
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Who should buy?
- Those who have a cancer family history, that is, there is a possibility of family members suffering from cancer due to genetic reasons, they must take a cancer coverage plan.
- Now this disease is also spreading due to lifestyle. People in high risk professions like mining, firefighters, pilots etc. should also take a cancer coverage plan.
- If you are the only earner in your family, then this plan should be taken so that there is no financial burden due to any kind of uncertainty.
There are two types of these plans
Under the indemnity cancer plan, hospitalization expenses are covered as per the sum assured and up to 30 days before hospitalization and 60 days after discharge from the hospital. On the other hand, in Cancer Fixed Benefit Plan, Sum Assured is paid to the cancer holder on the diagnosis of cancer.
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Keep these things in mind before taking cancer insurance cover
- As much as possible, choose a plan with maximum coverage. It would be better to take a cancer coverage plan of at least Rs 15-20 lakhs.
- While buying the plan also keep in mind the waiting period. The waiting period means that only after that you can make a claim. Generally, the waiting period of cancer insurance plans is 3-6 months i.e. policyholders can claim only after 3-6 months of buying the policy.
- While buying the policy, also consider the duration i.e. for how long the cover will be available. Cancer treatment lasts for a long time, so it is important to take a cancer coverage plan for a long period.
- Many cancer insurance plans give relief in premium at the time of treatment, so definitely check this feature while buying the policy. With this, the family will not have to struggle to pay the premium in difficult times.
- Take a cancer coverage plan from an insurance company where there is no problem in settling the claim.
What is not covered in the policy?
Those who have had cancer i.e. have come in contact with this disease, they cannot buy cancer coverage plan. Skin cancer is not covered in this plan. If there is any congenital disease or biological, nuclear or chemical contamination, weakness due to radiation or HIV, then this plan cannot be taken.
(Article: Amit Chhabra, Head- Health Insurance, Policybazaar.com)
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